| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Work International Corporation |
| 700 Louisana, Suite 3900, Houston, TX 77002 * (713) 228-9675 |
| The company was founded in 1997 to become a leading domestic and international provider of diversified staffing and outsourcing services. |
| Manager | Tier | Phone |
| Robinson-Humphrey Company, Inc., The | Lead Manager | (404) 266-6450 |
| ABN AMRO Bank | Co-manager | |
| J.C. Bradford & Co. | Co-manager | (615) 748-9347 |
| NYSE: | WOR | Service: | SIC 7363 | |
| Type of Shares: | Common Shares | Filing Date: | 7/10/98 | |
| U.S. Shares Filed: | 6,458,334 | Filing Range: | $11.00 - $13.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $77,500,008 | |
| Primary Shares: | 6,458,334 | Expenses: | $3,945,000 | |
| Secondary Shares: | 0 | Post-IPO Shares: | 14,316,327 | |
| Employees: | 430 |
| Issuer's Law Firm: | Porter & Hedges |
| Bank's Law Firm: | King & Spalding |
| Registrar/Transfer Agent: | American Stock Transfer & Trust Co |
| Auditor: | KPMG Peat Marwick |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 3/31/98 | 3/31/98 | |||
| Revenue: | $168.15 | $45.34 | Assets: | $134.70 | |
| Net Income: | $6.87 | $1.88 | Curr Assets: | $13.29 | |
| EPS: | $0.48 | $0.13 | Liabilities: | $79.85 | |
| Prior EPS: | Curr Liab: | $79.52 | |||
| Cash Flow/Oper: | Equity: | $54.85 | |||
| Cash Flow/Fin: | Cash: | $1.42 | |||
| Cash Flow/Inv: | Working Cap: | -$66.23 | |||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to pay the cash portion of the purchase price of the Founding Companies, to repay indebtedness of the Founding Companies and for general corporate purposes including working capital. |